By FXStreet Analysts at Nomura noted that new home sales surged by 16.6% in April to an annualized 619k, well above expectations (Nomura: 524k, consensus: 523k) after a
By FXStreet Analysts at Scotiabank noted that JPY is weak and a mid-performer among the G10 in an environment of broad-based USD strength. Key Quotes: “We maintain a
By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the British Pound soared against most of its major rivals, with the GBP/USD pair reaching a daily high
By FXStreet US stocks rose sharply on Tuesday, posting their largest gains in 3 months, as risk sentiment improved with technology, financials and healthcare sectors leading the way.
By FXStreet Oil futures advanced on Tuesday, holding near 6-month highs, amid speculation recent disruptions could lead to declines in US inventories. West Texas Intermediate crude oil for
By FXStreet The GBP/CAD cross rallied to 1.9245, a fresh 3-month high, as the Pound strengthened sharply across the board, while the Canadian dollar failed to benefit from
By FXStreet Valeria Bednarik, chief analyst at FXStreet explained that the EUR/JPY pair traded within quite a limited range this Tuesday, as both currencies weakened evenly against the
By FXStreet According to analysts from Wells Fargo, today’s report on new home sales, that showed much better-than-expected number should rise expectation for the year ahead. Key Quotes:
By FXStreet A stronger US dollar pushed USD/JPY to break above 110.00. The pair printed a fresh daily high at 110.11. Currently is hovering slightly above 110.00, 80
